Lim Chung Chun

Insider moves

iFast buys back shares in wake of 2Q loss; Alliance Healthcare resumes buyback

iFast plans to maintain a second interim dividend of 1.1 cents per share
iFAST and Hanwell insiders buy more shares - THE EDGE SINGAPORE

1000th issue

iFast and Hanwell insiders buy more shares

Executive chairman Lim Chung Chun of iFAST Corp and chairman Sam Goi of Hanwell Holdings raise stakes in respective companies.
DBS raises target price for iFAST to $6.40 from $3.96 - THE EDGE SINGAPORE

Broker's Calls

DBS raises target price for iFast to $6.40 from $3.96

Ling expects iFAST's AUA to grow 30% this yea
iFAST Corp's AUA grows 44.5% y-o-y to record $14.45 bil - THE EDGE SINGAPORE

Results

iFAST Corp's AUA grows 44.5% y-o-y to record $14.45 bil

AUA for its unit trusts grew 31.8% y-o-y and accounts for 75.4% of the group’s overall AUA as at Dec 31, 2020.

Fintech

iFAST eyes digital bank licence as it continues to challenge status quo

(Nov 11): In 2000, iFAST Corp started as an online unit trust distribution platform to disrupt the unit trust industry.

Vividthree early investor ceases to be major shareholder; iFAST's Lim accumulates shares despite mixed 3Q results

(Nov 11): Lee Chun Fun was a pre-IPO substantial investor of Vividthree Holdings, a virtual reality (VR), visual effects and computer-generated imagery studio. The company went public on Sept 25 last year. Lee’s direct interest in the company stood at 3

In print this week

iFAST founder Lim confident China business will be exciting

SINGAPORE (Nov 16): Lim Chung Chun, chairman and CEO of iFAST Corp, believes long-term diversification is the best strategy to grow its assets under administration (AUA).

iFast launches trading of SGX stocks and ETFs with fees of 0.12% and 0.08% on FSMOne

SINGAPORE (June 23): iFast Financial, a subsidiary of iFast Corp, today launched its stock-dealing services on SGX stocks and ETFs on FSMOne.
Lim Chung Chun, chairman and CEO of iFAST Corp

iFAST hits snag with launch of FSMOne; earnings hit by China start-up losses

Lim Chung Chun, chairman and CEO of iFAST Corp, did not expect that OCBC Securities would be pleased about his company moving into the retail brokerage business, but he was surprised that it chose to end its counterparty relationship with iFAST without an
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